Major bull runs in grains kick into higher gear

The grain futures markets are in an uncommon major bull run as corn, soybeans and wheat all hit six or seven year highs this week. Corn is the leader of the move, so watch that market closely, as it will likely lead on the upside and the downside. The parabolic, or nearly vertical price move in corn does suggest a major bull market that is in its late stage. Stay tuned!– Jim